Crypto Market Could Extend Losses: EOS, Bitcoin Cash, TRX, ADA Price Analysis

2019-3-12 09:00

The total crypto market cap declined recently and broke the key $128.0B support level. EOS price is down more than 6% and it broke the $3.75 and $3.60 support levels. Bitcoin cash price traded below the $130 support and it is currently under pressure near $128. Tron (TRX) price is down more than 4% and it broke the key $0.0220 support level. Cardano (ADA) price is holding the ground above the $0.0450 support area.

The crypto market declined recently, with bearish moves in bitcoin (BTC) and Ethereum (ETH). EOS, BCH, ripple, tron (TRX), ADA and other altcoins are at a risk of more losses in the near term.

Bitcoin Cash Price Analysis

Bitcoin cash price failed to stay above the $132 support and declined recently against the US Dollar. The BCH/USD pair broke the $130 support area to enter a bearish zone. The price is down around 4% and it could continue to move down towards the $126 and $125 support levels.

On the upside, an initial resistance is near the $130 level, above which the price could test the $132 level. The main resistance is at $135, where sellers are likely to protect gains.

EOS, Tron (TRX) and ADA Price Analysis

EOS price trimmed most its gains and broke the $3.75 and $3.60 support levels. The price is down more than 6%, with an immediate support at $3.50. The next key support is at $3.35, which may perhaps act as a strong buy zone. On the upside, the previous support at $3.62 and $3.65 could act as a resistance.

Tron price remained in a bearish zone below $0.0240 and it recently extended losses. TRX price broke the key $0.0220 support level and tested $0.0210. The next main support is at $0.0200, where buyers might take a stand.

Cardano price performed well and remained in a positive zone above the $0.0440 and $0.0450 support levels. However, ADA price is facing a strong resistance near the $0.0475 level, which may result in a short term bearish reaction in the near term.

Looking at the total cryptocurrency market cap hourly chart, there was a failure to break the $130.0B resistance level. The market cap started a downward move and broke the $128.0B and $126.0B support levels. There was also a break below a contracting triangle with support at $128.0B on the same chart. It tested the $125.0B support and currently consolidating in a range. In the short term, there could be an upside correction, but the $128.0B and $130.0B levels are likely to prevent gains. Therefore, upsides in bitcoin, ETH, XRP, TRX, ADA, bitcoin cash, litecoin, EOS, stellar, IOTA and other altcoins are likely to remain capped in the coming sessions.

The post Crypto Market Could Extend Losses: EOS, Bitcoin Cash, TRX, ADA Price Analysis appeared first on NewsBTC.

origin »

Lendroid Support Token (LST) на Currencies.ru

$ 0.00049 (+0.76%)
Объем 24H $0
Изменеия 24h: 5.17 %, 7d: -58.34 %
Cегодня L: $0.00049 - H: $0.00049
Капитализация $0 Rank 3554
Цена в час новости $ 0.0007665 (-36.07%)

price trx crypto cash support market eos

Источник: newsbtc.com

price trx → Результатов: 126


TRX Price Doubled Since November, TRON’s Odyssey 3.5 Hard Fork Today

TRX price has doubled since November 2017, marking a 4-month period of significant growth for Tron’s cryptocurrency. Odyssey 3. 5 – TRON’s hard fork is also scheduled for today. TRX Price on a Positive Road TRX price has been marking steady gains for the last four months which led to an overall increase of around 100 […] TRX Price Doubled Since November, TRON’s Odyssey 3.

2019-2-28 16:23


Tron (TRX) Price Analysis: Bullish Wave Activated But the Bears will soon be taking Over

Supply zones: $0. 026, $0. 028, $0. 030 Demand zones: $0. 025, $0. 023, $0. 020 TRX/USD Medium-term Trend: Bullish The cryptocurrency continues its bullish movement in its medium-term outlook. On the October 12, TRX returned to the uptrend movement as the bears lost pressure and were not able to push TRX beyond the lower demand zone of $0.

2018-10-15 15:28


Market Watch: Bitcoin, Ethereum, XRP, And TRON (TRX) Sees Sudden Price Jump

In what can be called an unexpected price hike ,pump or Manipulation ? bitcoin has climbed over 10% in price in less than 24 hours, towards the end of yesterday 15th October 2018 bitcoin was at then $6,300 range now it’s at the $7000 range currently dangling in the $6900+ region and still showing bullish […] The post Market Watch: Bitcoin, Ethereum, XRP, And TRON (TRX) Sees Sudden Price Jump appeared first on ZyCrypto.

2018-10-15 10:50


CEO Of Tron Hints New Partnership, TRX Coin Price Pump Present Again

In a recent News BTC report, it was noted that the crypto market has lost yet another USD$20 billion in its total market capitalization last week. As witnessed via statistical data, Bitcoin’s and Ethereum’s value remained the same more or less, while altcoins found themselves in a fluctuating situation. By the weekend, most of the […]

2018-10-15 08:50


TRON (TRX) Main-Network Block Record 3 Mil: Lowest Price Weekly Decline

With coin values hitting surprising lows against the US Dollar following the leader Bitcoin’s BTC dump, it is best to sit back while not rushing anything and figure out the what to do next. One of the digital assets that is growing both its supporting community and technological potential with no stop is TRON [TRX] […] The post TRON (TRX) Main-Network Block Record 3 Mil: Lowest Price Weekly Decline appeared first on Ethereum World News.

2018-10-12 01:37


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

TRON Records $200M in Monthly Fees and Rising USDT Transactions, What Does This Signal?

The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adoption and participation from larger players in the digital asset market. Related Reading: Inside Trump’s […]